More recent posts
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State aid approval for EMI share options expired on 6 April
HMRC has announced that EU state aid approval for the Enterprise Management Incentive (EMI) Scheme expired on 6 April 2018. The Government has been following the process of…
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Highlights of the 2018 Spring Statement
13 March 2018 marked the first ever Spring Statement, which has replaced the Spring Budget. The main purpose of the Spring Statement was not to announce immediate tax…
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Many landlords still confused by tax changes as the end of the tax year approaches
Summer Budget 2015 announced changes to the way in which some landlords of residential property get tax relief for their mortgage interest and other finance costs. The…
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General Data Protection Regulation (GDPR)
The General Data Protection Regulation (GDPR) will come into force on 25 May 2018. This will replace the current Data Protection Directive. The aim is give citizens back…
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New advisory fuel rates from March
HM Revenue & Customs have announced new fuel rates for company cars, which apply to all journeys on or after 1 March 2018, until further notice. For one…
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R&D tax relief on reimbursed expenses
Companies can claim enhanced deductions against taxable profits for qualifying R&D expenditure. HM Revenue & Customs (HMRC) had previously stated that reimbursed expenses could not be included as…
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Implications of HMRC’s “IR35” victory
A former BBC presenter is facing a large tax bill after a recent tax tribunal ruled in favour of HMRC, following a five-year dispute. As the first IR35…
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Stamp Duty Land Tax
The pace of house price rises may be slowing, but more and more homebuyers are having to pay stamp duty land tax (SDLT). HM Revenue & Customs…
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Important Information for Trustees – does your Trust need to be registered by 5 March?
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on 26 June 2017; these Regulations bring the EU’s Fourth…